Mid-America Real Estate Corporation’s Investment Sales Group brokered the sale of Pebblewood Commons, a 20,427-square-foot high-performing neighborhood shopping center in the affluent DuPage County Chicago suburb of Naperville, Illinois.
Pebblewood Commons features an outstanding line-up of national necessity dining, health and wellness, and personal services tenants. The attractive center was constructed in 2008 and is located among Naperville’s dense and affluent residential neighborhoods. Pebblewood Commons is located along the highly trafficked Route 59 retail corridor in the Chicago suburb of Naperville (DuPage County), which features an extremely desirable demographic profile. Within 3 miles of the offering, there are 72,100 residents enjoying an average household income of $146,600 and a median home value of $376,900, with most homes in the surrounding neighborhoods selling for more than $600,000.
Mid-America Real Estate Corporation Principal Joe Girardi and Senior Associate Patrick Corrigan served as the exclusive listing brokers on behalf of the seller, Northern Builders, Inc. The center was acquired by a Public REIT.
